Ideas Interactivas Posts

The Yahoo! lawsuit may be a lot more serious than the company thought. A court in Mexico City ruled that Yahoo! must pay $2.7 billion for breach of contract. The plaintiff in the case Carlos Bazan-Canabal said that Yahoo! could owe over $2.7 billion.

Yahoo! said that they will be vigorously pursuing all appeals of a non-final judgement by a Mexico City court that ruled that they must pay $2.7 billion for breach of contract with Ideas Interactivas and its parent company Worldwide Directories. Yahoo! was supposed to work with the companies to release a printed Yellow Pages of business telephone numbers for Mexico.